<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported) July 20, 2006

                                  Syntel, Inc.
             (Exact Name of Registrant as Specified in Its Charter)

                                    Michigan
                 (State or Other Jurisdiction of Incorporation)

<TABLE>
<S>                                            <C>
        000-22903                                          38-2312018
(Commission File Number)                       (IRS Employer Identification No.)
</TABLE>

<TABLE>
<S>                                                                   <C>
525 E. Big Beaver Road, Suite 300, Troy, Michigan                        48083
     (Address of Principal Executive Offices)                         (Zip Code)
</TABLE>

                                 (248) 619-2800
              (Registrant's Telephone Number, Including Area Code)

     _______________________________________________________________________
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


                                        1

<PAGE>

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 20, 2006, Syntel, Inc. (the "Company") issued a press release announcing
results of operations and related financial information for the second quarter
ended June 30, 2006. A copy of the press release is attached to this Report as
Exhibit 99.1. The information contained in this Current Report, including
Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities and Exchange Act of 1934 (the "Exchange
Act") or otherwise subject to the liabilities of that Section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933
or the Exchange Act, except if the Company expressly states that such
information is to be considered "filed" under the Exchange Act or incorporates
it by specific reference in such filing.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

<TABLE>
<CAPTION>
Exhibit
 Number
-------
<S>       <C>
  99.1    Press Release dated July 20, 2006.
</TABLE>

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                        Syntel, Inc.
                                        (Registrant)


Date July 20, 2006                      By /s/ Daniel M. Moore
                                           -------------------------------------
                                           Daniel M. Moore,
                                           Chief Administrative Officer


                                        2

<PAGE>

EXHIBIT INDEX

<TABLE>
<CAPTION>
Exhibit No.   Description
-----------   -----------
<S>           <C>
    99.1      Press Release dated July 20, 2006.
</TABLE>


                                        3